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Table Of ContentPreface, 1982 Preface Introduction I. The Relation Between Economic Freedom and Political Freedom II. The Role of Government in a Free Society III. The Control of Money IV. International Financial and Trade Arrangements V. Fiscal Policy VI. The Role of Government in Education VII. Capitalism and Discrimination VIII. Monopoly and the Social Responsibility of Business and Labor IX. Occupational Licensure X. The Distribution of Income XI. Social Welfare Measures XII. Alleviation of Poverty XIII. Conclusion
SynopsisIn the classic bestseller, Capitalism and Freedom , Milton Friedman presents his view of the proper role of competitive capitalism--the organization of economic activity through private enterprise operating in a free market--as both a device for achieving economic freedom and a necessary condition for political freedom. Beginning with a discussion of principles of a liberal society, Friedman applies them to such constantly pressing problems as monetary policy, discrimination, education, income distribution, welfare, and poverty. "Milton Friedman is one of the nation's outstanding economists, distinguished for remarkable analytical powers and technical virtuosity. He is unfailingly enlightening, independent, courageous, penetrating, and above all, stimulating."-Henry Hazlitt, Newsweek "It is a rare professor who greatly alters the thinking of his professional colleagues. It's an even rarer one who helps transform the world. Friedman has done both."-Stephen Chapman, Chicago Tribune